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Hi,

There is no income ceiling applicable for buyers buying resale EC that has met the MOP of 5 years. They are also not required to fulfil another MOP. The resale EC is considered semi privatized and can only be bought by Singaporean or SPR buyers.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
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Hi, there is no MOP for buyer purchasing a resale EC but there is seller stamp duty payable if you would like to sell the unit before the 3rd year.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Good evening buyer,

buying a resale EC is unlikely buying a resale HDB.

You are buying as if its a private property. You WONT have to fulfill any restriction like income ceiling ($14k for new EC) or 5 years MOP (resale HDB or new EC).

But do take note that seller's stamp duty period will still be applicable.

If you sell your property within first 3 years of ownership, these are the rates:

1) 1st year: 12%
2) 2nd year: 8%
3) 3rd year: 4%

Hope my explanation helps! May I know how can I value add further to your property needs?

"Your Freehold Ally, Leasehold Tactician"

YT TAN 陈永达 | ACCA Graduate, RES
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Propnex Realty Pte Ltd

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Hi Sir/Madam

There is no income ceiling and no MOP for resale EC buyer
I will be glad to assist you, no agent fee from EC buyer

I won't be able to contact you first as I do not have your contact, appreciate if you can contact me at (65) 96608508  or Silviayang8@gmail.com
or click here http://bit.ly/2tzIQ1a to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

PropNex Realty Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More

Hi,

Resale ECs are considered as private properties. There is no income ceiling, and there is also no need to serve a 5-year MOP.

One thing to take note though, is that if you're a foreigner, you can only purchase a resale EC that has past the 10th year mark from TOP date. If you're a SPR, you can only purchase a resale EC that has past the 5-year mark.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

All resale EC are considered private property transactions. HDB restrictions on EC are for the 1st purchasers only.

The only restriction for 5 years MOP EC purchasers is purchaser must be Singaporean and or Permanent Resident only. Foreigners can only buy after 10 years MOP is up.

Hope the above info helps.

Richmond Chia
Ohmyhome
 97276897  Read More